Quarterly Activities/Appendix 4C Cash Flow Report
| Stock | Weebit Nano Ltd (WBT.ASX) |
|---|---|
| Release Time | 30 Jan 2026, 12:11 p.m. |
| Price Sensitive | Yes |
Weebit Nano signs largest customer to date, achieves key milestones
- Licensed Weebit ReRAM to Texas Instruments, a Tier-1 Integrated Device Manufacturer
- Achieved technology qualification at DB HiTek based on JEDEC standards
- Signed an agreement with a new US-based product customer
Weebit Nano has delivered one of its most significant quarters to date, signing a landmark licensing agreement with industry heavyweight Texas Instruments (TI), achieving technology qualification of its ReRAM at South Korean foundry DB HiTek, securing an agreement with a new product customer, and successfully testing demo chips manufactured at onsemi. The agreement with TI marks a major milestone in Weebit's commercialisation trajectory, reflecting the quality of its Non-Volatile Memory (NVM) technology, evolving industry perceptions, and Weebit's growing reputation as the leading independent provider of ReRAM. Weebit is also moving ahead with having its technology integrated into next-generation applications with multiple products being designed featuring its embedded ReRAM IP. The company established a US subsidiary to further support its growing customer engagements in North America. Weebit continues to gain traction with product customers, securing an agreement with a new US-based company during the quarter. The company also appointed Gideon Intrater as VP of Systems and AI to advance its AI offering. Weebit remains well-funded for growth with A$82.7 million cash at bank and has provided revenue guidance of at least A$10 million for FY26, a more than 100% increase over the prior year.
Weebit Nano expects FY26 revenues of at least A$10 million, a more than 100% increase over the prior year.
Weebit Nano is in the strongest position to address the industry's rapid shift to ReRAM, with a proven technology and a world-class team. The company is continuing to sign new design license agreements with product customers and expects to tape-out its first product customer in 2026.